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Does REACH impact China?

REACH will have far reaching implications for the entire supply chain both within the European Union and beyond.
An interesting question is will China produce its own version of REACH as it did with RoHS and the pending WEEE regulations? I guess the answer may be found in whether or not the significant number of small and medium chemical plants will be ready for REACH like legislation in the foreseeable future?
There is a potential risk to trade as EU downstream users may prefer to purchase from local sources rather than face the burden of registering an imported chemical or facing a potential price increase

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